Thomas Catenacci An $86 billion bailout for nearly 200 union pensions was included in the Democrats’ massive stimulus package, which President Joe Biden is expected to sign into law soon. More than a million unionized truck drivers, retail clerks, construction workers and others would likely miss out on retirement income without the bailout, according to The…
Andrew Trunsky Ten Senate Republicans released a $618 billion counterproposal to President Joe Biden’s $1.9 trillion coronavirus relief package hours before they meet in hopes of finding some common ground, but the two proposals have far more differences than similarities. The $618 billion package only slightly resembles that of the Biden administration, whose proposal is…
In response to the chaotic outcry of Americans over the Coronavirus, President Trump has made moves to inject additional funds into the economy. Veering away from the term “stimulus,” the proposal resembles that of the auto and bank bailouts. But do these bailouts help or do they hurt? Is this what we need to counteract…